International Dairy Products JSC has appointed Mr. Doan Huu Nguyen as CEO, replacing Mr. Bui Hoang Sang amid the company’s first-ever financial losses in Q2. Mr. Nguyen has extensive experience from major firms like Kido and Pepsico. Concurrently, Mr. Nguyen Van Thinh has announced his resignation from IDICO Investment and Urban Development JSC due to not meeting independent board member standards after family members purchased additional shares. Likewise, Mr. Pham Trung Kien from Vinh Phuc Infrastructure Development JSC submitted his resignation for personal reasons. Additionally, Vinaconex Tourism Investment and Development JSC reports eight board members and supervisory committee members resigning, notably after Vinaconex completed its divestment from Vinaconex-ITC. These leadership changes indicate restructuring and strategic shifts within the companies.
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